IBM chart · All upcoming earnings
| Move | Mean | Median | Std dev | Hit rate |
|---|---|---|---|---|
| Day 1 | -1.3% | -3.0% | 5.5% | 37% |
| Day 2 | +0.0% | -0.1% | 1.8% | 45% |
| Day 3 | +0.3% | +0.0% | 1.3% | 48% |
| 5-day | -1.3% | -1.7% | 6.5% | 43% |
Day 1 = the close-to-close move on the first session to trade the news — hover for the EPS surprise.
| Report | Est | Actual | Surprise | Gap | 1-day | +5d | +1mo |
|---|---|---|---|---|---|---|---|
| 2026-07-22 miss | 2.93 | 2.93 | -0.1% | -1.5% | +0.4% | +7.3% | +14.0% |
| 2026-04-22 beat | 1.81 | 1.91 | +5.5% | -7.8% | -8.3% | +0.0% | +9.8% |
| 2026-01-28 beat | 4.29 | 4.52 | +5.3% | +8.1% | +5.1% | -6.3% | -22.6% |
| 2025-10-22 beat | 2.45 | 2.65 | +8.3% | -7.8% | -0.9% | +8.8% | +4.4% |
| 2025-07-23 beat | 2.65 | 2.80 | +5.5% | -7.4% | -7.6% | -2.8% | -7.1% |
| 2025-04-23 beat | 1.43 | 1.60 | +12.1% | -5.8% | -6.6% | +4.5% | +12.8% |
| 2025-01-29 beat | 3.78 | 3.92 | +3.8% | +9.3% | +13.0% | -1.9% | -3.1% |
| 2024-10-23 beat | 2.23 | 2.30 | +3.3% | -5.1% | -6.2% | -5.3% | +2.1% |
| 2024-07-24 beat | 2.17 | 2.43 | +11.9% | +1.5% | +4.3% | -1.2% | +2.1% |
| 2024-04-24 beat | 1.60 | 1.68 | +5.2% | -8.6% | -8.3% | -2.5% | +1.2% |
| 2024-01-24 beat | 3.80 | 3.87 | +1.9% | +6.3% | +9.5% | -1.9% | -3.3% |
| 2023-10-25 beat | 2.13 | 2.20 | +3.5% | +3.7% | +4.9% | +2.3% | +8.2% |
| 2023-07-19 beat | 2.00 | 2.18 | +8.9% | +1.3% | +2.1% | +3.3% | +2.2% |
| 2023-04-19 beat | 1.24 | 1.36 | +9.7% | +3.0% | +0.0% | +0.5% | +0.7% |
| 2023-01-25 miss | 3.61 | 3.60 | -0.3% | -2.3% | -4.5% | +1.4% | -2.9% |
| 2022-10-19 beat | 1.80 | 1.81 | +0.7% | +3.1% | +4.7% | +5.0% | +15.1% |
| 2022-07-18 beat | 2.29 | 2.31 | +0.9% | -4.7% | -5.2% | -2.1% | +5.3% |
| 2022-04-19 miss | 1.42 | 1.40 | -1.5% | +4.5% | +7.1% | -2.4% | -6.3% |
| 2022-01-24 beat | 3.29 | 3.35 | +1.9% | +0.2% | +5.7% | -0.4% | -10.4% |
| 2021-10-20 beat | 2.51 | 2.52 | +0.2% | -5.9% | -9.6% | -1.9% | -5.4% |
| 2021-07-19 beat | 2.29 | 2.33 | +1.8% | +3.7% | +1.5% | +2.0% | -0.4% |
| 2021-04-19 beat | 1.65 | 1.77 | +7.1% | +3.0% | +3.8% | +2.8% | +3.6% |
| 2021-01-21 beat | 1.88 | 2.07 | +10.4% | -8.3% | -9.9% | +0.4% | +1.8% |
| 2020-10-19 beat | 2.58 | 2.58 | +0.0% | -4.6% | -6.5% | -5.8% | -0.5% |
| 2020-07-20 beat | 2.09 | 2.18 | +4.5% | +3.8% | -0.2% | -1.3% | -1.8% |
| 2020-04-20 beat | 1.80 | 1.84 | +2.2% | -5.3% | -3.0% | +8.1% | +4.0% |
| 2020-01-21 beat | 4.69 | 4.71 | +0.3% | +3.0% | +3.4% | -4.3% | +4.1% |
| 2019-10-16 beat | 2.66 | 2.68 | +0.8% | -5.0% | -5.5% | -0.1% | +0.1% |
| 2019-07-17 beat | 3.07 | 3.17 | +3.2% | -0.4% | +4.6% | +0.5% | -10.6% |
| 2019-04-16 beat | 2.24 | 2.25 | +0.6% | -5.4% | -4.2% | -0.3% | -3.4% |
| 2019-01-22 beat | 4.82 | 4.87 | +1.1% | +7.2% | +8.5% | +1.1% | +4.8% |
| 2018-10-16 beat | 3.40 | 3.42 | +0.5% | -6.4% | -7.6% | -5.1% | -9.4% |
| 2018-07-18 beat | 3.04 | 3.08 | +1.4% | +2.3% | +3.3% | -1.7% | -2.1% |
| 2018-04-17 beat | 2.42 | 2.45 | +1.4% | -5.5% | -7.5% | -1.9% | -2.9% |
| 2018-01-18 beat | 5.17 | 5.18 | +0.2% | -2.8% | -4.0% | +3.1% | -4.4% |
| 2017-10-17 beat | 3.28 | 3.30 | +0.7% | +7.2% | +8.9% | -3.8% | -6.5% |
| 2017-07-18 beat | 2.74 | 2.97 | +8.2% | -2.6% | -4.2% | -1.5% | -4.6% |
| 2017-04-18 beat | 2.35 | 2.38 | +1.4% | -4.9% | -4.9% | -1.0% | -6.7% |
| 2017-01-19 beat | 4.88 | 5.01 | +2.7% | +0.6% | +2.2% | +4.0% | +5.7% |
| 2016-10-17 beat | 3.23 | 3.29 | +1.8% | -3.1% | -2.6% | +0.1% | +5.7% |
| 2016-07-18 beat | 2.88 | 2.95 | +2.4% | +1.2% | -0.2% | +1.6% | +0.5% |
| 2016-04-18 beat | 2.17 | 2.35 | +8.2% | -4.0% | -5.6% | +3.5% | +2.3% |
| 2016-01-19 beat | 4.81 | 4.84 | +0.6% | -7.5% | -4.9% | -0.7% | +9.2% |
| 2015-10-19 beat | 3.30 | 3.34 | +1.1% | -4.5% | -5.8% | -2.0% | -3.4% |
| 2015-07-20 beat | 3.79 | 3.84 | +1.3% | -5.1% | -5.9% | -1.9% | -5.6% |
| 2015-04-20 beat | 2.84 | 2.91 | +2.5% | -0.1% | -1.1% | +5.9% | +5.8% |
| 2015-01-20 beat | 5.41 | 5.81 | +7.3% | -2.5% | -3.1% | -0.4% | +7.6% |
| 2014-10-20 miss | 4.32 | 3.54 | -18.0% | -8.3% | -7.1% | -4.3% | -4.3% |
| 2014-07-17 beat | 4.31 | 4.32 | +0.2% | -0.3% | +0.0% | +1.0% | -1.6% |
| 2014-04-16 miss | 2.54 | 2.54 | -0.2% | -4.7% | -3.3% | -0.2% | -1.6% |
| 2014-01-21 beat | 6.00 | 6.13 | +2.1% | -3.8% | -3.3% | -3.2% | +0.3% |
| 2013-10-16 beat | 3.96 | 3.99 | +0.8% | -6.9% | -6.4% | +1.7% | +4.8% |
| 2013-07-17 beat | 3.79 | 3.91 | +3.3% | +1.9% | +1.8% | -0.4% | -6.4% |
| 2013-04-18 miss | 3.05 | 3.00 | -1.7% | -5.5% | -8.3% | +2.3% | +9.3% |
| 2013-01-22 beat | 5.25 | 5.39 | +2.7% | +3.8% | +4.4% | -0.6% | -1.8% |
| 2012-10-16 beat | 3.61 | 3.62 | +0.2% | -4.6% | -4.9% | -4.9% | -5.1% |
| 2012-07-18 beat | 3.43 | 3.51 | +2.5% | +2.7% | +3.8% | -0.7% | +3.0% |
| 2012-04-17 beat | 2.65 | 2.78 | +4.8% | -2.4% | -3.5% | +1.7% | -1.1% |
| 2012-01-19 beat | 4.62 | 4.71 | +1.9% | +2.9% | +4.4% | +1.0% | +2.6% |
| 2011-10-17 beat | 3.22 | 3.28 | +1.9% | -4.6% | -4.1% | +0.8% | +4.3% |
“1-day” is the close-to-close move over the session that first traded on the news (the next session for after-close reports). “+5d / +1mo” are the further drift from that close.
Earnings dates & estimates from Yahoo Finance (refreshed 2026-09-13); price reactions from end-of-day data. History, not a forecast. Not investment advice.